Posted: December 27th, 2015
Explain whether or not there is an enforceable agreement between Bella and Ming.
Bella writes to Ming offering to buy a 50 per cent share of his restaurant, Taste of China, for $150,000. In her letter Bella states that if she does not hear from Ming before 5.00 pm on Friday she will assume the offer has been accepted.
Ming does not want to sell any share of his restaurant to Bella, so he ignores the letter. It is now past 5.00pm Friday so Bella now claims that they have a binding agreement.
Explain whether or not there is an enforceable agreement between Bella and Ming.
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.